El Al Pilots, Management Reach Agreement

After protracted talks, El Al Airlines management and the pilots committee reached understandings in a range of areas regarding payment for the pilots as part of the carrier’s streamlining plan, Globes reports.

Under the terms of the agreement, the pilots will stop splitting flight shifts and the use of leased aircraft will cease. If all goes according to plan, the pilots and management will sign the agreement over the next 24 hours. The pilots will reportedly receive a pay hike of 7.35% and in exchange they will halt the cancellation of flights, shorten their stays overseas on long haul flights including to New York.